Updated: Thursday 30 June 2016, 20:49

Headlines

Study: When it comes to sales & marketing analytics, few companies ‘get it right’

Study: When it comes to sales & marketing analytics, few companies ‘get it right’

Companies across industries admit to the growing importance of data analytics to improve sales and marketing effectiveness and decision-making. However, many struggle to piece together siloed data, properly define the problem or design the solution. As a result, they often fail to realize widespread business impact from their efforts, according to a study conducted by The Economist Intelligence Unit (EIU) and sponsored by global sales and marketing firm ZS. Read more

2017 Syngenta Crop Challenge in Analytics offers $5,000 prize

2017 Syngenta Crop Challenge in Analytics offers $5,000 prize

Put your analytics skills to the test and win $5,000 in the 2017 “Syngenta Crop Challenge in Analytics” administered by INFORMS and sponsored by the Analytics Society of INFORMS. Read more

ITIF: Expand computer science education to keep up with demand

ITIF: Expand computer science education to keep up with demand

Computer skills are in high demand among employers in a wide range of industries, not just tech-related fields, yet despite growing interest in the subject, a new report from the Information Technology and Innovation Foundation (ITIF) finds that too few U.S. students are taking quality computer science classes at the high school and university levels. ITIF makes the case for public action to support and maintain the groundswell of interest in computer science and capture the economic and social benefits that will come from fostering a more highly skilled workforce. Read more

Report outlines benefits of data-driven customer experiences

Report outlines benefits of data-driven customer experiences

According to a new report by Forbes Insights and SAS, “Data Elevates the Customer Experience: New Ways of Discovering and Applying Customer Insights,” the benefits of brands evolving to data-driven customer experiences (data-driven CX) are wide-ranging. The study notes data-driven methods enhance revenue generation and enable cost reduction, as well as accelerate process efficiencies and quality improvements. Read more

Debunking myths about harm from artificial intelligence

Artificial intelligence (AI) holds great promise for economic growth and social progress, but pervasive, inaccurate myths about hypothetical harms could encourage policymakers to retard further innovation in the technology, according to a new report from the Information Technology and Innovation Foundation (ITIF). ITIF, a leading tech policy think tank, makes the case that policymakers should actively support further development and use of artificial intelligence if we want society to reap the myriad benefits it has to offer. Read more

Report: Technology rarely used to detect fraud

Report: Technology rarely used to detect fraud

Technology is an important tool to help companies fight fraud, but many are not succeeding in using data analytics as a primary tool for fraud detection. Meanwhile, fraudsters are leveraging technology to perpetrate fraud, according to a new report by KPMG International, “Global Profiles of the Fraudster.” Read more

Analytics Society of INFORMS

Preparations underway for Annual Meeting in Nashville

Preparations underway for Annual Meeting in Nashville

The upcoming 2016 INFORMS Annual Meeting in Nashville, Tenn., seems like quite a ways off (Nov. 13-16), but preparations are well underway. In recent years, this meeting has demonstrated significant growth of both attendees and speakers.  Although the deadline for speaker abstract submissions has passed, there is still capacity available for poster presentations. Read more

Analytics Society launches mentor experience for students

In addition to financially supporting the INFORMS Professional Colloquium (IPC), the Analytics Society decided to support participating students at the recent IPC by matching them with a volunteer from the Society. The IPC was held in conjunction with the INFORMS Conference on Analytics & Operations Research in Orlando, Fla. Read more

Welcome to the Analytics Society!

The Analytics Section has become INFORMS’ newest society, and we are now the Analytics Society of INFORMS. Achieving society status recognizes our significantly increased membership base and our vastly expanded scope of activities, all of which were on display at the 2016 INFORMS Conference on Business Analytics & Operations Research in Orlando, Fla. We are still the fastest growing subdivision of the Institute! Read more

INFORMS Initiatives

Recertification: INFORMS offers free, three-year CAP renewal

Recertification: INFORMS offers free, three-year CAP renewal

It’s a deal! This year you can renew your CAP® certification for another three years FREE. For only a few minutes of your time, you can update and/or input your PDUs by logging into your account at https://acgi.informs.org/sso_login.php and keep the “CAP” after your name. Read more

New competition for tomorrow’s leaders in O.R. & analytics

INFORMS recently announced a new International O.R. & Analytics Team Competition, a unique student competition that provides a real-world workplace experience. Sponsored by Syngenta, the competition will feature teams of university students using identical data sets and software systems to solve a challenging business problem via an O.R./analytics approach. A panel of industry experts will judge the submissions. Read more

Video Learning Center features analytics conference highlights

Video Learning Center features analytics conference highlights

If you couldn’t attend the 2016 INFORMS Conference on Analytics & Operations Research or if you were at the Orlando event but missed some presentations, the INFORMS Video Learning Center has you covered. Feel free to use the videos as teaching material or to share with others to let them know how OR/MS and analytics are helping to make a difference in the World. Read more

Analytic workshop features renowned management consultant and educator

Analytic workshop features renowned management consultant and educator

Learn practical frameworks and systematic processes for addressing complex, real-world problems and how to facilitate effective action from Patrick Noonan, former management consultant, business owner and educator. Noonan combines a hands-on teaching and learning approach honed from faculty posts at Harvard, Duke and most recently Emory University with real-world experience from a business career spent at global management consulting giant McKinsey & Co. and the Planning Technologies Group, which he co-founded in 1990. Read more

Industry News

SAP picks Gurobi as original equipment manufacturer partner

SAP, a leading enterprise software provider in supply chain management, has chosen Gurobi as an OEM partner. As a result of this agreement, the Gurobi Optimizer has been integrated into the SAP Integrated Business Planning (SAP IBP) and Advanced Planning and Optimization (SAP APO) solutions to solve complex optimization problems. In addition, the Gurobi Optimizer enabled a seamless integration into the SAP HANA in-memory-platform. Read more

FICO rolls out Decision Management Suite at Shell Chemical

Analytics software firm FICO recently announced the rollout of the FICO Decision Management Suite for plant-wide operational controls at Shell across its chemical plants around the globe. The advanced optimization capabilities of the FICO Xpress Optimization Suite, part of the Decision Management Suite, help plan asset utilization and maintenance requirements of the plants while improving plant stability and profitability. Read more

More News >>

Instant Replay

(Selected articles that ran in previous issues of Analytics that merit a second look.)

"Consulting: 18 things nobody tells you about solo practice"
by
Doug Samuelson

Web-First

The "Web First" section features articles that will appear in upcoming issues of Analytics magazine.

Quotable

Tom Pohlmann“The journey from data to decision science requires introspection. Your team will perform at its best and receive the same from others when it adopts a learning mindset that allows employees to capitalize on change rather than trying to manage or react to it.”

– Tom Pohlmann, head of Values & Strategy at Mu Sigma, in his Executive Edge column in the May/June issue of Analytics magazine.

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